Question: D Question 27 2 pts Usually we use a = 0.05 for hypothesis tests. What would happen if we used something smaller, like o =

 D Question 27 2 pts Usually we use a = 0.05
for hypothesis tests. What would happen if we used something smaller, like

D Question 27 2 pts Usually we use a = 0.05 for hypothesis tests. What would happen if we used something smaller, like o = 0.01, in future hypothesis tests? O We would be less likely to conclude that beta_1 is not zero. We would be more likely to conclude that beta_1 is not zero. The empty model would be more likely to be true in the DGP. O The empty model would be less likely to be true in the DGP

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